Toledo Cultural Arts Center Inc

Organization Overview

Toledo Cultural Arts Center Inc, operating under the name Valentine Theatre, is located in Toledo, OH. The organization was established in 1983. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Valentine Theatre employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valentine Theatre is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Valentine Theatre generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE TOLEDO CULTURAL ARTS CENTER, A NOT-FOR-PROFIT ORGANIZATION, PRODUCES AND PROVIDES CULTURAL AND PERFORMING ARTS EXPERIENCES FOR DIVERSE AUDIENCES OF ALL AGES IN THE CITY OF TOLEDO, LUCAS COUNTY, NORTHWEST OHIO AND SOUTHEAST MICHIGAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE PRESENTED A DIVERSE SELECTION OF PERFORMING ARTS EVENTS, RANGING FROM CHILDREN'S PROGRAMMING TO THEATRICAL BROADWAY. A TOTAL OF 102 EVENTS WERE PRESENTED IN THIS FISCAL YEAR, DRAWING 51,143 PATRONS TO THE VALENTINE THEATRE.


OPERATOR AND LANDLORD OF THE HISTORIC VALENTINE THEATRE. ACTIVITIES INCLUDE UPKEEP AND MAINTENANCE OF THE THEATRE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Jori Jex
Executive Director
$94,744
Clare Gorski
Chairman
$0
David Rectenwald
Vice Chair
$0
Kristen Nicholson
Secretary
$0
Alan Kline
Treasurer
$0
Carroll Ashley
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$53,678
Fundraising events$104,461
Related organizations$0
Government grants $172,352
All other contributions, gifts, grants, and similar amounts not included above$351,243
Noncash contributions included in lines 1a–1f $213,017
Total Revenue from Contributions, Gifts, Grants & Similar$681,734
Total Program Service Revenue$1,035,486
Investment income $204,551
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$48,139
Net Income from Fundraising Events -$55,589
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $78,605
Miscellaneous Revenue$0
Total Revenue $1,896,648

Peer Organizations

Organization NameAssets
Detroit Opera
Detroit, MI
$20,610,976
Cincinnati Arts Association
Cincinnati, OH
$19,072,039
Victoria Theatre Association
Dayton, OH
$28,922,737
Mann Center For The Performing Arts
Philadelphia, PA
$25,771,645
Louisville Theatrical Association
Louisville, KY
$11,227,516
Music Hall Center For The Performing Arts Inc
Detroit, MI
$11,010,799
Broadway Grand Rapids
Grand Rapids, MI
$10,542,854
Columbus Association For The Performing Arts Inc
Columbus, OH
$7,160,584
Encore Series Inc
Philadelphia, PA
$7,440,930
Embassy Theatre Foundation Inc
Fort Wayne, IN
$5,427,170
Michigan Theater Foundation Inc
Ann Arbor, MI
$4,633,040
Luther F Carson Four Rivers Center Inc
Paducah, KY
$8,140,961
Whitaker Center For Science And The Arts
Harrisburg, PA
$3,268,678
Great Lakes Center For The Arts
Bay Harbor, MI
$11,195,469
State Theatre Center For The Arts Inc
Easton, PA
$3,804,671
Strand-Capitol Performing Arts Center Inc
York, PA
$4,269,308
F M Kirby Center For Thr Perform Ing Arts
Wilkesbarre, PA
$5,242,511
Arts Of Southern Kentucky Inc
Bowling Green, KY
$4,740,455
Arts In Stark
Canton, OH
$1,886,035
Henry H Stambaugh Auditorium Association
Youngstown, OH
$1,939,461
Theatre Ensemble
Rochester, MI
$3,723,292
Hancock County Performing Arts Center
Findlay, OH
$2,357,561
Allied Milk Producers Cooperative
Johnstown, PA
$3,142,428
Arts Center Foundation Inc
Dayton, OH
$70,320
Wagon Wheel Theatre Inc
Warsaw, IN
$1,796,094

Create an account to unlock the data you need.

or